India

Supervision & Enforcement

India Probes Paytm Over Foreign Exchange Rule Violations

By Nithya Subramanian | 05/03/2025

The Enforcement Directorate said Paytm didn’t file the necessary reports with the RBI for foreign investment in Singapore, among other violations.

Structural Regulation

India: IFSCA Eases Rules for Fund Managers in GIFT City

By Nithya Subramanian | 05/03/2025

The changes aim to reduce the compliance burden and increase flexibility for fund managers, while boosting investor confidence in GIFT City’s financial ecosystem.

Trading & Investment

SEBI Sets Strict Timelines for New Fund Offers

By Nithya Subramanian | 04/03/2025

AMCs will need to deploy funds within 30 business days. Investment committees can extend this once, with reasons documented and monitored by trustees.

KYC & CDD

RBI Imposes Penalty on HSBC for Regulatory Violations

By Nithya Subramanian | 04/03/2025

The RBI said HSBC violated KYC norms, failed to report unhedged foreign currency exposures, and opened savings deposit accounts for ineligible entities.

Market Abuse

UPDATED: Mumbai Court Orders Probe Against Ex-SEBI Chief, 5 Other Officials

By Nithya Subramanian | 04/03/2025

The court ruled there is sufficient prima facie evidence of regulatory lapses and collusion, warranting a “fair and impartial investigation.”.

Structural Regulation

India Finance Secretary Takes Over as SEBI Chairman

By Nithya Subramanian | 03/03/2025

Tuhin Kanta Pandey said the four pillars for SEBI under his leadership would be technology, trust, transparency and teamwork.

Structural Regulation

SEBI Releases Regulatory Framework for Specialised Investment Funds

By Nithya Subramanian | 03/03/2025

Large asset managers can launch “Specialised Investment Funds”, a new product category positioned between Mutual Funds and Portfolio Management Services.

Market Data & Technology

SEBI Launches Centralised Database Portal for Corporate Bonds

By Manesh Samtani | 01/03/2025

SEBI said the database will enhance transparency and facilitate informed decision making amongst investors and other market participants.

Market Abuse

SEBI Proposes to Revise Derivatives Market Rules

By Nithya Subramanian | 27/02/2025

The changes include lower position limits for stock derivatives and stricter eligibility criteria for index derivatives.